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Inside March 2017, the government reported that they gotten no certified report on deaths linked to demonetisation. Deaths were as well as associated with shortage of medical assistance due to refusal out of demonetised banknotes by the healthcare facilities. Multiple people were stated to own died away from standing in queues throughout the day to replace the demonetised banknotes. Demonetisation negatively inspired the newest Midday Buffet Plan because of the scarcity away from financing. The new Indian Air Force try paid ₹294.1 million to maneuver banknotes once demonetisation. The speed for the economic season 2016–17 are 7.1%, a decrease on the 8% inside the 2015–16.

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The new scarcity of dollars due to demonetisation resulted in in pretty bad shape, and people confronted issues inside the placing otherwise buying and selling the brand new demonetised banknotes due to enough time queues additional banking companies and you may ATMs across the Asia. The application of demonetised banknotes try invited to your fee out of civil and you can regional civic body taxes, resulting in a bounce in their cash series. The cash taxation choices improved from the financial 12 months away from 2017 due to Income Disclosure System 2016. The newest tax conformity got enhanced having plenty of tax productivity submitting enhanced but the majority of them were out of salaried and you will low-company category.